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  • Writer's pictureMichael Paulyn

In The News: MetaMask Proudly Launches Ethereum Its Own Staking Marketplace

In some recent news, MetaMask is looking to begin offering its staking marketplace to customers. This innovative marketplace uses a design that efficiently processes the institution staking of Ethereum, essentially making this convoluted process more straightforward.

This means that by using MetaMask's institutional grade wallet and custody service, major entities can now also handle their ETH staking using four specific vendors, ConsenSys Staking, Allnodes, Blockdaemon, and Kiln. The benefit of this new staking marketplace is that it will allow for an alternative for customers looking to do solo staking, making the overall process more streamlined for those who work on the Ethereum network as validators.

Typically when it comes to institutional staking, many different costs, terms and conditions, rebates, and reporting must be followed; this new initiative would take these complex measures and drastically simplify them.

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